nRewards® Secured Credit Card Features & Benefits

Account will be reviewed for potential upgrade starting at month 6

We’ll review your account monthly starting at 6 months to see if you're eligible to have your deposit returned by removing the hold.

The review will be based on your general credit history, including your Navy Federal account. If you decide to close your account, your deposit will be returned, provided the remaining balance is paid.

Hold deposit will be removed automatically when account is upgraded to non-secure card.

No Rewards Limit

Spend more, earn more. Continue to accrue more until you’re ready to redeem.

Redeem points for cash, gift cards and merchandise

Interested in a gift card? Or prefer cash back? The nRewards card gives you the flexibility to redeem your points as you like. Want even more? Shop our Member Deals and earn extra rewards on your purchases, including up to 15 points or 15% cash back per dollar spent.1

Collision Damage Waiver

With your Navy Federal Visa or Mastercard, you automatically have Collision Damage Waiver (CDW) coverage when you rent a car for 15 days or less and pay for the rental with your covered rewards card. The CDW coverage is secondary to any other applicable insurance or coverage available to you.

Coverage includes physical damage and theft of the rental vehicle, reasonable towing charges, valid loss-of-use charges imposed by the auto rental company, as well as your deductible and any other eligible amounts not covered by other insurance. Only you, as the primary renter of the vehicle, and any additional drivers permitted by the auto rental agreement are covered.

Certain terms, restrictions and exclusions apply. For more information, please refer to your Auto Rental Insurance Guide. If you need a copy of the guide, please call 1-888-842-6328 or one of our international phone numbers.

Disclosures

1Program excludes Navy Federal Business and Home Equity Line Visa® Platinum credit cards and Navy Federal Debit Cards. Rewards are subject to change and vary by merchant. Reward types will be based on the member's purchasing credit card. cashRewards cardholders will receive cash back. Platinum cardholders will receive a statement credit, and all others will receive points.↵

2For all Navy Federal Credit Cards: As of 2/1/2019, rates range from 8.24% APR to 18.00% APR, are based on product type and creditworthiness, and will vary with the market based on the U.S. Prime Rate. ATM cash advance fees: None if performed at a Navy Federal branch or ATM. Otherwise, $0.50 per domestic transaction or $1.00 per foreign transaction. $49 annual fee for Visa Signature® Flagship Rewards.↵

3FICO is a registered trademark of Fair Isaac Corporation in the United States and other countries.↵

Navy Federal Information

Mission Statement

Since 1933, Navy Federal Credit Union has grown from 7 members to over 8 million members. And, since that time, our vision statement has remained focused on serving our unique field of membership:

“Be the most preferred and trusted financial institution serving the military and their families.”

Navy Federal conducts all member business in English. All origination, servicing, collections and marketing materials are provided in English only. As a service to members, we will attempt to assist members who have limited English proficiency, where possible. Military images used for representational purposes only; do not imply government endorsement. - Android™, Google Pay™ and Google Play™ are trademarks of Google LLC. The Android Robot is reproduced or modified from work created and shared by Google and used according to terms described in the Creative Commons 3.0 Attribution License. Apple™, Apple Pay™, iPhone™, iSight™, Wallet™, Touch ID™ and iTunes™ are trademarks of Apple, Inc., registered in the U.S. and other countries. App StoreSM is a service mark of Apple, Inc. - Amazon, Kindle, Fire and all related logos are trademarks of Amazon.com, Inc. or its affiliates.

APY = Annual Percentage Yield, APR = Annual Percentage Rate
+Rates are based on an evaluation of credit history, so your rate may differ.
++Rates are variable and based on an evaluation of credit history, so your rate may differ.
*Message and data rates may apply. Terms and Conditions are available.
♦Terms and conditions are applied to gift cards.